37
Belarus
Q4 2021
Total Labor Force (000s)
5,100
Employed Workers (000s) 4,896
Unemployed Workers (000s) 204
Unemployment Rate 4.0%
4,961
4,534
4,315
4,789
4,896
Q4
2019
Q2 2020 Q4 2020 Q2 2021 Q4 2021
0.3%
0.2%
4.0%
4.1%
4.0%
Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021
36% - First Vaccine Dose
(December 2021)
Covid Update
Mandatory vaccines have
not been introduced.
36%
18%
20%
0%
25%
50%
75%
Employer Tax Profit Tax VAT
Belarus Regional Average
Other Cost Considerations - Tax
Indicative Wages (USD)
$601
$467
$0.94
$0
$5
$10
$15
$0
$2,500
$5,000
$7,500
Average Wage Manufacturing
Wage
Minimum Wage
Belarus Regional Average
47%
46%
46%
45%
14%
14%
14%
14%
66%
66%
66% 65%
0%
20%
40%
60%
80%
2016 2017 2018 2019 2020
15-24 years 65+ years Total
Labor Force Participation Rate by Selected Age Group
Year on year wage inflation in August '21 was 14.6%.
Working Population (in Thousands) Over Time
Unemployment Rate Over Time
Labor Force Statistics
ILOSTAT
Monthly Hourly
Key Sources:
https://wageindicator.org/
https://ilostat.ilo.org/
https://www.worldbank.org/
https://tradingeconomics.com/
https://home.kpmg/xx/en/home.html
https://taxsummaries.pwc.com/
https://ec.europa.eu/eurostat
https://www.oenb.at/